CHANGE IN COMPENSATION OF THE SUB-ADVISER Clause Samples

CHANGE IN COMPENSATION OF THE SUB-ADVISER. As full compensation for all services rendered, facilities furnished and expenses borne by the Subadviser hereunder, the Manager shall pay the Subadviser compensation at the annual rate of 0.45% on the first $100 million of the average net daily net assets of the Portfolio during the Portfolio’s then-current fiscal year, 0.40% on the next $400 million of such assets, 0.35% on the next $2 billion of such assets, 0.325% on the next $2.5 billion of such assets and 0.30% on such assets in excess of $5 billion. Such compensation shall be payable monthly in arrears or at such other intervals, not less frequently than quarterly, as the Manager is paid by the Portfolio pursuant to the Advisory Agreement. If the Subadviser shall serve for less than the whole of any month or other agreed-upon interval, the foregoing compensation shall be prorated. The Manager may from time to time waive the compensation it is entitled to receive from the Fund; however, any such waiver will have no effect on the Manager’s obligation to pay the Subadviser the compensation provided herein.